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Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power. Financial details of the funding were not announced.
Pasadena-based X1 Technologies , the developer of email and desktop search software, said Thursday that it has rolled out a new, mobile version of its product. X1 is one of firms that is part of Idealab. Tags: technologies desktop search software mobile iphone apple ipad ipod idealab. READ MORE>>.
Los Angeles-based online advertising technology provider OpenX announced this morning that it has appointed Douglas McPherson, the former General Counsel of Idealab, as its new Chief Legal Officer. OpenX said that McPherson has joined the board of directors of Idealab as part of the move. READ MORE>>.
Pasadena-based Energy Innovations , the Idealab startup working on concentrating photovoltaic solar systems, is looking for a buyer, according to a report Friday. GreenTechMedia, an industry publication covering the green technology and solar industry, reports that Energy Innovations is in the midst of being acquired by a strategic investor.
Pasadena-based X1 Technologies , the Idealab startup developing desktop search software, announced this morning that it has named John Patzakis as President of eDiscovery. X1 is a developer of desktop search software, including specific versions for enterprise electronic discovery. READ MORE>>.
The MIT Technology Review has published its 50 most innovative companies for this year, including at least four Southern California technology firms. Those firms joined such companies as Groupon, Zynga, Facebook, and others in the highlight of innovative technology firms.
I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. So when he saw the browser it instantly dawned on him that this would be the greatest customer development tool ever. He invented the category of sponsored search.
That’s right folks Idealab is hosting a job fair at their offices for 10 of their startups companies. Bill Gross and Idealab have founded or advanced development of more than 75 companies including Overture Services, eSolar, UberMedia, CitySearch, Picasa and Internet Brands. Where: Idealab. REGISTER HERE.
David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.
Pasadena-based PostUp , the Internet advertising firm spawned out of Idealab, said Friday afternoon that it has acquired UberTwitter , developer of a Twitter client that runs on the BlackBerry Platform. Financial terms of the deal were not disclosed. As part of the acquisition, the firm said it has changed its named to Ubermedia.
Pasadena-based Evolution Robotics , the Idealab robotics technology firm headed by Paolo Pirjanian, has been acquired by iRobot. Evolution Robotics was backed by Idealab, and also had raised funding from CMEA Ventures, The Quercus Trust of California, and Vodafone. READ MORE>>.
Pasadena-based ObEN , which developstechnology to help people create a personal, AI-driven avatar which looks and sounds like you, reported a win in China, for a big New Year's broadcast for China Central Television (CCTV). ObEN showed off a clip of the use of its technology in the big broadcast. READ MORE>>.
Bill Gross started Idealab in 1996 to create and operate pioneering technology companies. The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market.
Pasadena-based RayTracker , a developer of solar tracking technology which is backed by Idealab, has been acquired by solar power module giant First Solar. RayTracker was venture backed by Idealab, The Quercus Trust and Phoenix Fire IV, LLC. Financial terms of the acquisition were not announced. READ MORE>>.
Pasadena-based eSolar , the solar thermal technologydeveloper backed by Idealab, Google, Quercus Trust, ACME Group, NRG Energy, and Oak Investment Partners, has raised $20M in an unannounced funding round, according to numbers from the latest quarterly venture capital report from PricewaterhouseCoopers and the National Venture Capital Association.
Pasadena-based X1 Technologies , a developer of enterprise search software, announced Monday that the firm has tapped Singapore firm Shepard Pte Ltd as a partner. The firm is backed by Idealab. Tags: search software technologies. X1's search software is being used for enterprise search and electronic discovery services.
Carlsbad-based Aptera , the developer of a three wheeled, electric vehicle, has shut down. Aptera had been attempting to gain funding from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) loan program, after initially failing to be qualify in 2008 for the program due to having three, not four wheels.
Pasadena-based UberMedia , the provider of mobile advertising technology, announced this morning that it has raised $8M in a funding round. UberMedia--which is led by Idealab''s Bill Gross--currently offers up mobile advertising technology which uses social signals and location infromation to optimize ad campaigns. READ MORE>>.
Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Idealab's Bill Gross also re-joins as Chairman of the firm's board of directors. X1 did not say if prior investor U.S. READ MORE>>.
Pasadena-based eSolar , the Idealab startup developing solar thermal power plant technology, said today that it has added George (Chip) A. eSolar is developingtechnolog for solar thermal power, which are being applied to utility-scale solar power projects. Hambro has also served at Goodrich Aerospace and ITT.
Pasadena-based eSolar , the solar thermal power technology firm backed by Idealab and Google, said late Friday evening that it has inked a deal with China to build at least 2 gigawatts (GW) of solar thermal power plants in that country. eSolar develops solar thermal power plant technology, aimed at the utility market.
Pasadena-based TweetUp , the Idealab-backed startup focused on monetizing Twitter messages, said today that it has inked two deals to display its search results, one with Twitter client TweetDeck , and another with popular technology blog TechCrunch. Financial terms of the deals were not disclosed.
Pasadena-based X1 Technologies , the developer of desktop search software, has one less competitor: Google , as Google said Friday that it is shutting down its Google Desktop search software project. Google's service shuts down on September 14th.
Los Angeles-based X1 Technologies , the Idealab-backed software firm developing enterprise and desktop search tools, announced Wednesday that the firm has added web indexing capabilities to its software. The firm said it has added web crawler technology to its version 3.3.1 software, which is available immediately.
Pasadena-based X1 Technologies , the developer of desktop search software run by Idealab, announced today that it has upgraded its software. Tags: desktop search software idealab enterprise. X1's software is used to index and search enterprise desktops. The new software is Version 6.7 of the X1 Professional Client.
Pasadena-based Perfect Market , the Idealab-backed developer of programmatic advertising technology, has been acquired by New York-based Taboola. Perfect Market was backed by Comcast Ventures, Idealab, Rustic Canyon Partners, Square 1 Bank, Tribune Company, and Trinity Ventures. READ MORE>>.
Santa Monica-based Factual , the open data startup headed by Gil Elbaz, the inventor of Google's AdSense technology, said today that it has launched a new open set of data that the firm says provides geo-coded data for 14 million local U.S. Tags: factual elbaz applied semantics good data dataset open developer software mashup.
A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M in funding in RayTracker a developer of solar tracking technology. RayTracker was a spinout of Idealab's Energy Innovations.
After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. Alex Maleki , Member of New Venture Group at Idealab. Alex is a member of the New Venture Group at Idealab, headed by Allen Morgan. He received a B.S.
New energy storage technology--based on gravity and potential energy--may be on its way to helping to revolutionize energy storage, without the need or limited lifetime of batteries, according to a report today. Energy Vault recently raised $110M in funding for global deployment of its technology, an is a spinout of Pasadena's Idealab.
Pasadena-baesd UberMedia , the Idealab-backed developer of mobile Twitter applications and mobile advertising technology, said today that it has named Michael Hayes as its new Chief Revenue and Marketing Officer. UberMedia is headed by Bill Gross, the founder of Idealab. READ MORE>>.
Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. Alex Maleki , Member of New Venture Group at Idealab. Idealab continues to explore a range of technology frontiers.
Pasadena-based eSolar , the developer of concentrating solar thermal power plants spun out of Idealab, said today that Gary J. Breton joins the company from Aurora Semiconductor, and also has served at Cypress Semiconductor and Amkor Technologies. eSolar is backed by ACME Group, Google, Idealab, NRG, and Oak Investment Partners.
Pasadena-based New Matter (www.newmatter.com) is developing a 3D printer, the MOD-t, which it says will help bridge the world of 3D printing experimentation with the consumer. Steve Schell: The company is just over a year old, and was founded at Idealab, by Bill Gross, last January. How far from shipping product are you?
In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. Up next: Part II, The in-house incubators/studios, including Idealab, Science, Brighthouse, Nantworks, Originate Labs. Representative companies: TBD.
Idealab-based solar energy startup eSolar has just raised $12.8M Burbank-based eSolar is developing utility-scale, solar thermal power technology used for generating power on a large scale. Burbank-based eSolar is developing utility-scale, solar thermal power technology used for generating power on a large scale.
Pasadena-based eSolar , a developer of concentrating solar thermal power technology, said today that it has appointed John Van Scoter as its new Chief Executive Officer. eSolar is venture backed by Google, Idealab, and Oak Investment Partners. eSolar is venture backed by Google, Idealab, and Oak Investment Partners.
Burbank-based eSolar , the developer of solar thermal power plant technology, said Monday that it has selected Flextronics to provide design services for its heliostats and solar collector systems. Financial details of the deal were not disclosed. eSolar said the efforts would focus around cost reduction targets for its customers.
Pasadena-based eSolar , the developer of solar thermal power generation plants backed by Idealab, has scored a strategic investment from GE Energy , GE said Monday. According to GE, the deal also calls for GE to license and incorporate eSolar's technology into its own solar thermal power plant offerings. READ MORE>>.
That's the idea behind the technology being developed by Pasadena-based ObEN (www.oben.me), which is led by co-founde rand CEO Nikhil Jain. Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co.,
As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.
Pasadena-based solar thermal technologydeveloper eSolar has inked a deal with another clean technology firm, Sundrop Fuels, the company announced today. eSolar is venture backed by Google, Idealab, and Oak Investment Partners. Exact details on the size of the contract were not provided. READ MORE>>
The firm is backed by Idealab, and is headed by Internet veteran Andy Steuer. It's like an old world punchcard, taken to the current 21st century technology. I headed up product development to build out their portal services. Is this part of Idealab's new ventures group, or how did you connect with them?
Pasadena-based Evolution Robotics , an Idealab-backed firm developing robotics software, said today that it has won a federal contract from the U.S. Navy Office of Naval Research, which is worth nearly $1M. According to Evolution Robotics, the contract covers research on scaling visual recognition for maritime domain awareness.
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